Piyush-Gupta

TORNTPHARMA, How we earned 1.5% (Trade Analysis) - Learn & Earn

Long
NSE:TORNTPHARM   TORRENT PHARM
TORNTPHARMA was given for long at 10:54 AM for long above 2401. Logic for trade was simple trend line break out.
Below is the lower TF analysis of breakdown of chart. I closed my position at 2425 but it went to make high of 2440 from 2401. Keeping chart simple, free from indicators provide you more focus and price is paramount & it discount everything. So wasting your time on news, indicators will lead you away from truth.

Similar trades were taken in MCX (9 points), RBL BANK (3 points) and Grasim (4 points). All based on price action, simple chart analysis.
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